Skip to content
Buying & Selling Real Estate

User Stats

3,405
Posts
2,424
Votes
Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
2,424
Votes |
3,405
Posts

Tips for marketing a distressed property?

Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
Posted Oct 23 2014, 09:39

We have a lead that we are negotiating with the seller on... The property has been vacant for 3 years. It is boarded up however at some point the neighborhood "kids" decided to paint a lovely mural and other choice expletives on the walls. It really isn't in terrible shape. ARV is around 70-75k. Property needs probably 30k worth of work to make it a flip or 20k for rent ready.

The question I have is what is the best way to market a boarded up property? I have access to a local REI clubs email list that I can have it added to. I was also thinking postlets. Any other tips?

Loading replies...